Besides the price is different but if he buys $100 for BTC at this time it will get more BTC for the portfolio than when the price is high so I also recommend him for long term Bitcoin investment options and I think he has allocated money for those who can afford to lose because $100 is not par high money for investors.
Topic: A newbie with 100$ (Read 1278 times)
Besides the price is different but if he buys $100 for BTC at this time it will get more BTC for the portfolio than when the price is high so I also recommend him for long term Bitcoin investment options and I think he has allocated money for those who can afford to lose because $100 is not par high money for investors.
snip
It is true that no matter what the situation is either bear market or bull market 1 BTC is equal to 1 BTC but the value is different. The question is, how patient are you to wait if you hodl your crypto if you bought when it is bear market to bull market or higher than bear market?. In trading, are you willing enough to take risk in trading your $100 for a chance to earn good profit?. I agree what KindsDen have said about newbies joining in the forum.
Besides the price is different but if he buys $100 for BTC at this time it will get more BTC for the portfolio than when the price is high so I also recommend him for long term Bitcoin investment options and I think he has allocated money for those who can afford to lose because $100 is not par high money for investors. It is true that no matter what the situation is either bear market or bull market 1 BTC is equal to 1 BTC but the value is different. The question is, how patient are you to wait if you hodl your crypto if you bought when it is bear market to bull market or higher than bear market?. In trading, are you willing enough to take risk in trading your $100 for a chance to earn good profit?. I agree what KindsDen have said about newbies joining in the forum.
Since altcoins are dangerous, the majority of the responses you receive here will advise you to purchase bitcoin rather than ethereum. There is no assurance that your investment will increase in value because bitcoin is a volatile asset. Believing that bitcoin is not a get-rich-quick scheme can help you invest. Do not invest more money than you can afford to lose. Will you be able to absorb the loss if the value of your $100 in eth or bitcoin drops?
~snip~So beginners must understand first about market conditions, if it is still difficult, it is better to choose a safe investment, namely bitcoin.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.
To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.
An example of what has been going on in the market is why a newbie asks questions about buying a coin, I always find it within my mind to make it plain they should buy only bitcoin, not because Altcoins are all bad but because it is safer to be in bitcoin as it is always neutral, not centralized, not an entity to any institutions, not a liability to people, even when the market crashes hard, you will always be in the safer hands.
I can only Imagine the advice so many people would have given to Newbies to buy shitcoins(Altcoins) and if they did, thats a lesson for them to learn never to trust altcoins, no matter how solid they are, they are very deadly for portfolios.
To get that amount in the bear market, is not easy, accept by favor in a particular coin that want to show you some love in the crypto market as a long term investors.
This $100 was a new experience for me who was new to the crypto world and a good start. Using it to start investing is not to get more profits, the most important thing is to learn investment experience and strategies from it. It is convenient for less loss when more funds are invested in the future.
Investing $100 in Bitcoin is a good place to start, at today's price of $21802/BTC will give you 0.0046 btc. The way I see it, don't focus on thre dollar value but rather be focused on the amount of bitcoins you have stacked. You get a good feeling when you hodl a good amount of bitcoins. Buying today is a good investment because you would be buying dip should Bitcoin price fall down further you can still buy more and hodl
I also started with $100. In this field, every day is a starting point, so don't be discouraged. As long as you continue to learn how to strengthen your beliefs in the market changes and don't be greedy for money, you are the winner.
It depends on the newbie what to do with the $100. If a newbie decided to buy BTC with a $100 then the total BTC that the newbie will get depends on the current value of BTC that he will get. It is true that no matter what the situation is either bear market or bull market 1 BTC is equal to 1 BTC but the value is different. The question is, how patient are you to wait if you hodl your crypto if you bought when it is bear market to bull market or higher than bear market?. In trading, are you willing enough to take risk in trading your $100 for a chance to earn good profit?. I agree what KindsDen have said about newbies joining in the forum.
Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined
You may be correct, but it depends on the status of the newbie. Some newbies are good traders but newbie to the forum. There's no how you will convince a good trader to allow $100 sit in a particular wallet, waiting for 2024 or 2025 to become $150, never. If the newbie has knowledge of trading, that is the best lane for him to take.
A good trader makes profit whether on bull or bear market.
This is never the case for newbie traders and the best thing they can do is buy in this bear market and wait for the next halving because newbie trading in the bear market is risky.
Have you tried trading BTC base on bear, any profit is going to btc whether on green or red?
Yes, I trade but not much trader 
Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined
You may be correct, but it depends on the status of the newbie. Some newbies are good traders but newbie to the forum. There's no how you will convince a good trader to allow $100 sit in a particular wallet, waiting for 2024 or 2025 to become $150, never. If the newbie has knowledge of trading, that is the best lane for him to take.
A good trader makes profit whether on bull or bear market. Have you tried trading BTC base on bear, any profit is going to btc whether on green or red?
Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined
~snip~$100 will not fly, not in this bear market. Another angle is that if he has the knowledge of trading $100 can give him up to $300 or even $500 before the year was out.
Investing in Bitcoin or Ethereum will give you good gain only during the next bull and I am not sure you won't withdraw the capital before then.
Investing in Bitcoin or Ethereum will give you good gain only during the next bull and I am not sure you won't withdraw the capital before then.
I agree with your opinion, $100 in this bear market will be difficult to double, because the market conditions are not very good. Only people who have good trading knowledge can do it quickly but that doesn't guarantee that there will always be a profit. I trade using $100 when the market is bullish and the altcoins are recovering and it will be easier to get more returns. most importantly don't invest in altcoins that are not clearly progressing even though they get good hype at first. research is needed for that so that it doesn't get stuck on junk altcoins and what's better is bitcoin and ethereum.
Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
Investing in BTC and ETH is the right choice for beginners because some beginners want instant profits so risking on other altcoins even new altcoins are high risk without proper analytical knowledge, so I support that the OP can maintain his assets for a long term portfolio because top coins take time to reach the highest price.
Well said, mate; some beginners have the mindset of making 10 to 20X their money in a short period of time, which is not the best way to start an investment.Bitcoin is an excellent investment, particularly during this bear market, but the OP must be patient and make it a long-term investment in order to profit.
All I can say is this, you first of all gat to assume the money is lost already. Then having rid yourself of the fear of losing the 100$, invest in bitcoin for the keeps while you gather more information about trading. There is nothing that is not possible, as long as you can simply try.
Yes, you should assume your money is gone because Bitcoin and cryptocurrency investment is a very risky investment that requires adequate preparation before engaging in it, and it is always advisable to invest only what you can afford to lose. 
A newbie with 100$ is as good as it can be. Unless the said newbie happen to have an idea that he/she has been considering for some time now as regards crypto trading or investments, then this is the right place to get informed on how best to multiply the 100$.
All I can say is this, you first of all gat to assume the money is lost already. Then having rid yourself of the fear of losing the 100$, invest in bitcoin for the keeps while you gather more information about trading. There is nothing that is not possible, as long as you can simply try.
All I can say is this, you first of all gat to assume the money is lost already. Then having rid yourself of the fear of losing the 100$, invest in bitcoin for the keeps while you gather more information about trading. There is nothing that is not possible, as long as you can simply try.
Provided that your $100 will be good for long term hodling, then definitely it will surely make a big difference when everything in the market turns bullish. And the fact that you invest it in ethereum and bitcoin, you will never go wrong with your investments. And yes, if you also learn to be a good trader later on, you will make a lot of opportunities to earn even from $100 sort of capital.
Investing in BTC and ETH is the right choice for beginners because some beginners want instant profits so risking on other altcoins even new altcoins are high risk without proper analytical knowledge, so I support that the OP can maintain his assets for a long term portfolio because top coins take time to reach the highest price. 
Good job for being willing to make the first step in investing and the way you understand to invest only the amount you can afford to lose as Bitcoin and cryptocurrencies are still not an easy way to get rich since we really do not know what exactly happens in the future.
So how far can your $100 go? Most people including myself predicted Bitcoin to reach a minimum of $100k in the next couple of years which means your $100 might turn into $500 or even more. Not bad for a $100 investment. You can also learn how to trade if you want to ride with the price swings and profit more.
Provided that your $100 will be good for long term hodling, then definitely it will surely make a big difference when everything in the market turns bullish. And the fact that you invest it in ethereum and bitcoin, you will never go wrong with your investments. And yes, if you also learn to be a good trader later on, you will make a lot of opportunities to earn even from $100 sort of capital. So how far can your $100 go? Most people including myself predicted Bitcoin to reach a minimum of $100k in the next couple of years which means your $100 might turn into $500 or even more. Not bad for a $100 investment. You can also learn how to trade if you want to ride with the price swings and profit more.
To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.
The first investment is the most difficult, because you always want it to be a successful investment. And if after the bitcoin has been bought, the price goes down, then it is very difficult to accept it and the first thing you want to do is save your money. In this case, understanding the market could help you ride out a difficult period, so knowledge is very important. But in order to have an incentive to gain knowledge, you first need to lose something, before that everyone thinks that he knows everything.And about altcoins hype is something we are seeing today, the important thing is never to be greedy let alone want big profits.
To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.
The first investment is the most difficult, because you always want it to be a successful investment. And if after the bitcoin has been bought, the price goes down, then it is very difficult to accept it and the first thing you want to do is save your money. In this case, understanding the market could help you ride out a difficult period, so knowledge is very important. But in order to have an incentive to gain knowledge, you first need to lose something, before that everyone thinks that he knows everything. ~snip~So beginners must understand first about market conditions, if it is still difficult, it is better to choose a safe investment, namely bitcoin.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.
To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.
In this bear market, does 100$ on Ethereum or Bitcoin make any difference?
If markets are bearish you certainly don't want to be catching a falling knife, you are better off not getting involved, not until markets start to signal intentions of changing market direction! Which is why I think knowing how to read charts is a skill we all need to have. As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
It's all about quantity and if your target coins are eth or BTC you won't really see any gains but you are free to invest in them, best approach would be a 100 every month which should give you a good stash after a couple of years. Jump to: